The FSB monitors and assesses vulnerabilities affecting the global financial system and proposes actions needed to address them. In addition, it monitors and advises on market and systemic developments, and their implications for regulatory policy.

At its meeting in Paris today, the FSB assessed vulnerabilities affecting the financial system and the progress of initiatives in a variety of policy areas to address them. The meeting also approved the finalised arrangements for the establishment of Regional Consultative Groups to broaden the range of countries involved in the FSB’s work.